March 17, 2011

Indian Railway generated revenue from Commodity of Rs 56073.37 crore

The Indian Railways have gained a revenue of Rs. 56073.37 crore earned from commodity-wise freight traffic during the month of April 2010-February 2011 as compared to Rs. 52036.98 crore during the corresponding period last year and it was an increase of 7.76% in the revenue. Commodity-wise freight traffic during April 2010-February 2011 is 832.75 million tons and it is showing a increase of 3.64 percent as the noted  commodity traffic for last year is only 803.50 million tons. It is also notably increased the (NTKM) Net Tonne Kilo Metres also that is from 529078 million last year to 548916 million in this year showing an increase of 3.75%.


Out of the total earnings of Rs. 5585.46 crore from commodity-wise freight traffic during the month of February 2011, Rs. 2069.47 crore came from transportation of 34.35 million tonnes of coal, followed by Rs. 945.81 crore from 10.12 million tonnes of iron ore for exports, steel plants and for other domestic user, Rs. 542.52 crore from 8.62 million tonnes of cement, Rs. 399.77 crore from 4.01 million tonnes of foodgrains, Rs. 277.04 crore from 3.19 million tonnes of petroleum oil and lubricant (POL), Rs. 310.59 crore from 2.71 million tonnes of Pig iron and finished steel from steel plants and other points, Rs. 260.68 crore from 3.33 million tonnes of fertilizers, Rs. 96.19 crore from 1.26 million tonnes of raw material for steel plants except iron ore, Rs. 267.26 crore from 3.03 million tonnes by container service and Rs. 416.13 crore from 6.18million tonnes of other goods. 


Commodity Agriculture Tips| Share Tips|MCX tips for tomorrow:


Jeera: The commodity report for jeera that it is firm for trade.

Pepper: Commodity Future prices are trading positive. Strong trend is expected to continue in intraday.

Guar: Commodity report for Guar seed is likely to trade with mixed sentiments during the day tomorrow.

Turmeric: Traders can expect April future to trade range bound in intraday. Buying side may push prices up.

Chana: Chana prices may trade firm tomorrow.

Soybean: Short term traders should trade as per momentum. Prices may trade more down side.

Mentha: Intraday traders can expect prices to trade positive.



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